Tencent Music Entertainment (TCMEF) Revenue (2016 - 2022)
Tencent Music Entertainment's (TCMEF) quarterly Revenue came in at $1.0 billion in Q2 2022, down 15.51% year-over-year from $1.2 billion in Q2 2021, and little changed quarter-over-quarter from $1.0 billion in Q1 2022.
Analysis
Tencent Music Entertainment (TCMEF) Revenue (2016 - 2022) Analysis & Trends
Tencent Music Entertainment has disclosed Revenue across 5 years of filings, most recently posting $1.0 billion for Q2 2022.
- In Q2 2022, Revenue fell 15.51% year-over-year to $1.0 billion; the TTM figure through Jun 2022 stood at $4.5 billion (up 3.4% YoY), while the FY2025 annual figure was $4.6 billion, up 17.33% from the prior year.
- Revenue came in at $1.0 billion for Q2 2022 at Tencent Music Entertainment, roughly flat from $1.0 billion in the prior quarter.
- In the past five years, Revenue ranged from a high of $1.2 billion in Q2 2021 to a low of $647.0 million in Q1 2018.
- Average Revenue over 4 years is $922.0 million, with a median of $884.5 million recorded in 2019.
- Year-over-year, Revenue surged 32.56% in 2019 and retreated 15.51% in 2022.
- Over 4 years, Revenue stood at $780.6 million in 2018, then surged by 32.56% to $1.0 billion in 2019, then increased by 19.77% to $1.2 billion in 2021, then fell by 15.51% to $1.0 billion in 2022.
- Per Business Quant data, the three most recent Revenue figures were $1.0 billion in Q2 2022, $1.0 billion in Q1 2022, and $1.2 billion in Q2 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.83 Bn | 316.70 Bn | 6.52 Bn | 12.56 Bn |
| 2 | Spotify Technology | 111.63 Bn | 100.71 Bn | 1.86 Bn | 5.55 Bn |
| 3 | Tencent Music Entertainment | 7.00 Bn | 3.91 Bn | 582.00 Mn | - |
| 4 | FuboTV | 1.22 Bn | 3.14 Bn | 399.10 Mn | 375.24 Mn |
| 5 | Huya | 947.78 Mn | 587.52 Mn | 37.58 Mn | 256.35 Mn |
| 6 | iQIYI | 849.12 Mn | 364.94 Mn | 152.37 Mn | 923.32 Mn |
| 7 | Kaltura | 229.15 Mn | 197.85 Mn | 34.54 Mn | 46.89 Mn |
| 8 | CuriosityStream | 160.17 Mn | 111.78 Mn | 16.93 Mn | 23.25 Mn |
| 9 | Cineverse | 54.91 Mn | 50.59 Mn | 10.66 Mn | 30.60 Mn |
| 10 | LiveOne | 47.57 Mn | 47.56 Mn | 3.94 Mn | 19.35 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | 1.05 Bn |
| Mar 31, 2022 | 1.05 Bn |
| Jun 30, 2021 | 1.24 Bn |
| Mar 31, 2021 | 1.21 Bn |
| Dec 31, 2019 | 1.03 Bn |
| Sep 30, 2019 | 910.00 Mn |
| Jun 30, 2019 | 859.00 Mn |
| Mar 31, 2019 | 855.00 Mn |
| Dec 31, 2018 | 780.57 Mn |
| Sep 30, 2018 | 730.75 Mn |
| Jun 30, 2018 | 706.79 Mn |
| Mar 31, 2018 | 646.99 Mn |
| Dec 31, 2016 | 900.35 Mn |